The subject of gold’s confiscation has come onto our screens again, but this time, being described as a “Myth” in the future. This thought comes from Canada, a favorite place for US citizens to store their gold in the hopes that it will be...
GoToday –New York closed at $1,268.60 yesterday after closing at $1,268.90 Monday. London opened at $1,267.24 today. Overall the dollar was slightly weaker against global currencies, early today. Before London’s opening:
When we hear commentary on why the gold price has moved, we usually hear of U.S. economic or political factors and a move in the U.S. Dollar. Most times these do not precipitate the buying of physical gold.
Gold Price –New York closed at $1,256.90 yesterday after closing at $1,257.20 Tuesday. London opened at $1,254.00 today. Overall the dollar was slightly weaker against global currencies early today. Before London’s opening:
Gold Today –New York closed at $1,215.30 on the 30th January after closing at $1,190.90 on the 27th January. London opened at $1,213.50 today. Overall the dollar was weaker against global currencies early today. Before London’s opening:
Gold Today –New York closed at $1,215.30 on the 23rd January after closing at $1,201.50 on the 20th January. London opened at $1,213.35 today. Overall the dollar is weaker against global currencies today. Before London’s opening:
Gold Today –New York closed at $1,142.60 yesterday after closing at $1,158.6 on the 13th December. London opened again at $1,136.80 today. Overall the dollar is much stronger against global currencies today.
This article looks at factors that will affect gold and silver prices as we go forward. We have to say they are considerable and will lead to our conclusion that while the gold price has fallen through support below $1,300 and now stand at...
US is headed toward stagflation - We’re not in a stable equilibrium. It’s a good time for Gold and Silver!
Most global financial markets struggling to rise, central bank policies are placing interest rates at all time lows. These are...
By far the greater bulk of gold owned in China is under the control of the Shanghai Gold Exchange, which is controlled by the Chinese Central Bank, i.e. The People’s Bank of China. Should they wish to confiscate their citizen’s and...